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Vaccine biotech Icosavax sets terms for $150 million IPO

firstwordpharmaJuly 23, 2021

Tag: Icosavax , Vaccine , IPO

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Icosavax plans to raise $150 million in its initial public offering by offering 10 million shares at a price range of $14 to $16, as reported by NASDAQ.

The company is developing its virus-like particle (VLP) platform technology to develop vaccines against infectious diseases, with an initial focus on life threatening respiratory diseases.

Icosavax’s lead program is IVX-A12, a bivalent candidate targeting both respiratory syncytial virus and human metapneumovirus.

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